Rawkstars Inc

Analysis

Rawkstars Inc is a registered charity in United States, based in East Taunton, MA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rawkstars Inc reported income of $80k and spending of $97k, spending 121% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $83k to $80k (-3.6%), an average of -1.8% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rawkstars Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include One Goal Productions Inc ($80k), Benevolent Society Eleftheriani U S & Canada Inc ($80k) and Sacred Ground International ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $100k against liabilities of $3,560, net assets of $96k.